EconPapers    
Economics at your fingertips  
 

Inflationary effects of budget deficit financing in contemporary economies

Angela Boariu () and Irina Bilan
Authors registered in the RePEc Author Service: Angela ROMAN ()

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, 2007, vol. 54, 77-82

Abstract: This paper tries to analyse the relations existing between the different ways of financing budget deficit and inflation, underlining the terms of these relations and the involved social and economic effects. An important source of inflation is considered to be the financing of budget deficits by direct appeal to the central bank's resources, nowadays forbidden by law in most countries for its negative impact. Nevertheless, inflation can also appear as a consequence of debt financing of the budget deficit, considered acceptable in the contemporary society, when it indirectly involves the increase in the amount of money available to the economy above what's absolutely necessary.

Keywords: budget deficit; money issuing; debt financing; inflation (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://anale.feaa.uaic.ro/anale/resurse/11_Boariu_ ... porary_economies.pdf (application/pdf)
http://anale.feaa.uaic.ro/anale/en/Arhiva%202007%20-%20Boariu/152 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aic:journl:y:2007:v:14:p:77-82

Access Statistics for this article

More articles in Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice from Alexandru Ioan Cuza University, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Sireteanu Napoleon-Alexandru ().

 
Page updated 2019-07-21
Handle: RePEc:aic:journl:y:2007:v:14:p:77-82